Neptune Investment Management founder, and manager of the group's £206.8m UK Income fund, Robin Geffen, explains why in spite of falling dividend cover and macro woes, the opportunity to deliver a diversified and market-beating income remains intact.
Partner insight How are you positioning the fund as Brexit negotiations get underway and inflation continues on an upward path? The UK economy has been strong post-Brexit, but we believe it is going to be very difficult for that to be maintained through 2017 for three key reasons. The first is sterling depreciation which, although it has given a temporary boost to the economy, is starting to result in a build-up in inflation. This will be a headwind for consumption. How concerned should investors be about dividend concentration risk? The second point is that unemployment is ...
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